Cheap Apartments for Rent near Atwood, IL from $400 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Atwood.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Colony Court
$1,135 - $1,285
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,285
Total Monthly Price
$1,135 - $1,285
2 to 3 Bedroom Apartments Available Now

Colony Court

502 S Mattis AveChampaign, IL 61821
Affordability
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Rider Place
1 to 3 Bedroom Apartments

Rider Place

9 Wills PlArcola, IL 61910
  • Utilities Included
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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938
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Hessel on the Park
2 Bedroom Apartments

Hessel on the Park

1601-1862 Valley RdChampaign, IL 61820
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Barrington
1 Bedroom Apartments

Barrington

2541-2553 W Springfield AveChampaign, IL 61821
Corporate Housing
  • Utilities Included
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906 S Locust St
Studio to 4 Bedroom Apartments

906 S Locust St

906 S Locust StChampaign, IL 61820
Student Housing
  • Utilities Included
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State & Cedar
1 to 2 Bedroom Apartments

State & Cedar

1407 S State StChampaign, IL 61820
Student Housing
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307 & 311 W. Birch
1 Bedroom Apartments

307 & 311 W. Birch

307-311 Birch StChampaign, IL 61820
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 310 Cottage Ct

$1,400 - $2,250

1 To 3 Bedroom Rentals

Available Now

310 Cottage Ct

ChampaignIL61820
Showing Results 1-37, Page 1 of 1

Atwood, IL Local Guide

Cheapest Available Atwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Atwood, IL is a 1 Bed unit found at Westport Apartments priced from $484. 616 S 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Atwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westport ApartmentsOne Bedroom1BR,1BA$484
616 S 6th St0/1Studio,1BA$699
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR,1BA$825
Wellington Place1 Bedroom on the 1st floor1BR,1BA$900
Colonial VillageCharleston2BR,1BA$950
Southwest Apartments1902 Karen Ct2BR,1BA$950
Stonegate Village by Royse + BrinkmeyerThe Sandstone2BR,1BA$1,110
Colony CourtThree Bedroom3BR,1BA$1,235
Colony West2BR/1BA Condo2BR,1BA$1,250
Parkstone Villas2Bed/2Bth2BR,2BA$1,250

Best Value Apartments for Rent in Atwood, IL and Nearby

As of July 27, 2026 the best value apartment in the Atwood area is the $1.08 price per square foot 3 Bedroom Townhome (Standard Unit) Model at Tuscany Ridge Townhomes in the starting from $1,375. The second greatest value Atwood apartment is the 2Bed/2Bth Model at Parkstone Villas starting at $1,250 with a $1.00 price per square foot . Here is today’s list of the best values for Atwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Parkstone Villas2Bed/2Bth2BR,2BA$1.00
Prestwick Point Apartments2-Bedroom, 2-Bath Unit!2BR,2BA$1.27
Colony CourtThree Bedroom3BR,1BA$1.19
Stonegate Village by Royse + BrinkmeyerThe Sandstone - Unique2BR,1.5BA$1.24
Colonial VillageCharleston2BR,1BA$1.03
Colony West2BR/1BA Condo2BR,1BA$1.39
Westport ApartmentsOne Bedroom1BR,1BA$0.71
Southwest Apartments1902 Karen Ct2BR,1BA$1.47
Wellington Place1 Bedroom on the 1st floor1BR,1BA$1.43

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Atwood, IL Rentals by Map

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See the most popular apartments and homes in Atwood, IL

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Frequently Asked Questions about Cheap Atwood Apartments

How much is rent for a Cheap One Bedroom Atwood Apartment?

The lowest price for a Cheap One Bedroom Atwood Apartment is $484 at Westport Apartments.

What is the lowest price for a Cheap Two Bedroom Atwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Atwood is starting from $579 at Westport Apartments.

What is the most affordable Atwood Three Bedroom Apartment?

The best deal on a cheap Atwood Three Bedroom Apartment rental is at Westport Apartments and starts from $665.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.